Absolutely, we can have regular meetings so you can advise on the reporting you need and you can access your bookkeeping online at any time to pull reports and review the books.
Congregations sometimes find themselves in a bind when it comes to bookkeeping. Atlanta Church Bookkeeping LLC's bookkeeping services are designed to save you time and money.
Want the youth director to be able to add her expenses directly to your accounting system but don’t want her to have access to payroll information? Atlanta Church Bookkeeping LLC has you covered.
How do we make money? We are compensated by our partners. These may affect the products that we review or write about, and where they appear on our site. However, it does not affect our recommendations or advice which have been based on thousands of hours of research. We cannot guarantee positive reviews for their products or services if our partners do not pay us. Here's a list of some of our partners.
Many of the same labor laws and employment rules apply to churches as to non-profit organizations. This includes guidelines on classifying your workers either as employees, or independent contractors.
This will prevent you from making an error in your church bookkeeping. Make sure to carefully review every individual paying for a particular service. Use the IRS guidelines (link at the Misclassification article), to determine whether or not they should be classified with the proper payroll tax and matching.
Churches can and do get slapped with devastating penalties for classifying and paying a worker with a 1099 ...that the IRS deems should have been classified as an employee.
Churches call the traditional balance sheet a statement of financial position. It uses the accounting equation “Assets = Liabilities + Equity” to show a snapshot of your organization's financial health. It also shows the current balance of each of your funds if you've been implementing fund accounting for your church.
Churches And Transparency
The standards of the Evangelical Council on Financial Accountability require that member organizations provide audited financial statements on request.
Churches and religious nonprofits must maintain highly accurate accounting and bookkeeping records in order to maintain their nonprofit status, budget accurately, and provide reporting to government entities and their parishoners or members.